According to the sources said at the www.propertykhazana.com, FMCG chief Hindustan Unilever (HUL) has a plan to sell its total 7 housing lands in Mumbai and Gurgaon which might fetch Rs. 40 Crores. The firm has made public statement of selling its 5 housing properties in Mumbai. The total profitable locality is 6,800 Sq.ft and according to the realty consultants CBRE’s property rate of these areas and housing units will be valued for Rs. 30 Crores.

HUL is also setting up slab for 2 housing sites at Gurgaon, which has a total area of 850 Sq.Mtrs, according to the market estimations, the lowest rate for plots are likely to be Rs. 3 Crores each and inquiry sent to the firm is searching for the information of the property auction which was left unanswered. Firm had said before to www.propertykhazana.com that, “It might sell some company possessed properties in Mumbai to open the business value and HUL is about to possess 30 housing properties in Mumbai main places comprising Malabar Hills, Andheri and Church Gate. For more updates on realty market browse www.propertykhazana.com.